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Bayville 11709 Bayville
2 Alan Drive
$850,000
● House - Off Market

2 Alan Drive

Bayville, NY 11709
bedrooms
4 Beds
bathrooms
3 Baths
$1,179,692
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Panoramic views (from almost every room) of Oyster Bay Harbor. Private village beaches, mooring rights, village tennis courts.  Vaulted ceilings over living, dining & kitchen. Steel beam in ceiling of ground floor allowing clear span across entire house. 200 Amp service. Relatively new/vinyl lined pool with diving board. 4 Zone sprinklers. New PVC perimeter fence, upper mahogany deck overlooking pool.Skylight in Kitchen & hall bathroom.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,362
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (OneKey MLS #3224889)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Sep 14, 2020 In contract -
In contract
Jun 21, 2020 Listed by Coast Realty Inc $890,000
Listed by Coast Realty Inc
Jun 4, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,038
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 10
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 8,379
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,354
  • Building Area: 2,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,354
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 006

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 006
  • School Tax District Code 2: BAY
  • Census Tract: 517902

Geography

  • District: 282401
  • Section: 28
  • Parcel: 28-071-00-0014
  • Block: 71
  • Lot: 14
  • Municipality: BAYVILLE
  • Latitude: 40.9077
  • Longitude: -73.5379

    Address

  • Full Address: 2 Alan Dr
  • Address - House Number: 2
  • Address - Street Name: Alan
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bayville
  • Carrier Code: C007
  • 4-Digit Zip Code: 2402
  • Zip Code: 11709

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,325,181
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 505

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 986,784
  • High Value: 1,174,330
  • Low Value: 799,237

    Market Valuation

  • Market Total Value: $649,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649
  • Assessed Land Value: $295
  • Assessed Improvements Value: $354

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-115282
  • Previous Sale Recording Date: Jun 04, 2009
  • Previous Sale Contract Date: May 27, 2009
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bayville

Stats & Trends

Median Asking:

$925,000

Sale Price/ft²

$483

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2693 ft²

Average Home Age

58.1 years

Currently For Sale

14 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Alan Road built and last sold?
The property at 2 Alan Road was built in 1969 and last sold on Nov 16, 2020 for $850,000.
How much is this home worth?
The estimated value of the home located at 2 Alan Road is $898,900.
What are some comparable homes to 2 Alan Road?
There are currently no comparable homes to 2 Alan Road.
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